987 Mendon Rd, Cumberland, RI, 02864 | 4.57% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Total monthly income runs $2,395/mo, and a $3,079/mo payment. Purchase price stands at $629,000, and rental yield measures 4.57% with $2,395/mo rent. Return on cash invested shows 10.14% in year one, and 5% annual appreciation builds toward $173,781 over five years. Five-year ROI reaches 50.85% and total cumulative return in cash records $105,237. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,395/mo property income covering a $3,079/mo payment rather than investor’s personal income.

Multi Family

Built in 1900

4,791 sqft lot

$N/A/sqft

No HOA